25 CHEAPEST FAST CARS IN 2023 AND 2024, RANKED BY TOP SPEED

In an ever-growing market that often caters to the elite with expensive sports cars, there remains a glimmer of hope for those seeking speed on a budget. In this comprehensive list, we delve into the realm of accessible enthusiast cars, presenting 25 of the best options for those seeking a combination of speed and affordability in the years 2023 and 2024.

From sleek coupes like the Toyota GR86 to nimble hatchbacks like the Volkswagen Golf R, these cars defy the notion that high performance must come at a premium. Whether you're a seasoned enthusiast or a casual driver with a need for speed, there's something on this list to satisfy your craving for the open road.

We rank these vehicles based on their price, but also their speed, ensuring that you can base your decision on a sports car that fits your budget. Throughout this list, we uncover the 25 cheapest fast cars for 2023 and 2024, including continuations of old classics and new contenders that have become popular in the last few years. Get ready and buckle up to explore the realm of affordable speed, where horsepower meets budget in perfect harmony.

2024 Toyota GR86

Price: $30,395

The Toyota GR86 comes on the scene as a much-needed update to the fan-favorite BRZ and GT86 platforms from 2013. Making use of a new 2.4-liter boxer engine, the GR86 also receives an updated front and rear fascia. New body lines give a subtle aggressiveness to the chassis that was certainly missing from the earlier models. With a small bump in power and bringing the styling into the modern age, the GR86 continues the legacy of one of the best budget sports cars like the previous generation.

Performance Specifications

(Data was collected from Toyota)

Although it lacks practicality, the GR86 is still one of the best sports cars on the market currently. Updated interior features bring the more simplistic cabin into the modern era without breaking the bank. The platform is already proven to be very well-balanced, but the quicker engine gives the GR86 a blistering 5.4 second 0-60 MPH time. Combining quick acceleration with stylish modern lines makes this one of the best options to start out our list.

2023 Subaru BRZ

Price: $29,615

Much like the newer Toyota GR86, the previous model year Subaru BRZ stands its ground as a top-tier affordable sports car. In a mechanical sense, the BRZ mirrors the GR86 with the same chassis, drivetrain, and suspension. You'll find slight differences between the exterior styling and the interior of either car. While the interior needs a bit more luxury, the trade-off is a balanced and fun driving dynamic.

Performance Specifications

(Data was collected from Subaru)

Harping on the practicality of this two-door sports car, it does have rear seats for more passengers to join in the fun. However, akin to those in a Porsche 911, they are more of a formality than actually useful. Thanks to a folding rear seat, you can skip the extra passenger space to make room for more cargo. For us, we would stuff some track wheels and tires in the back for a fun autocross weekend.

2024 Subaru WRX

Price: $33,855

When you think of an all-around great sports car, the Subaru WRX is on everyone's list. For good reason as well, as the new 2024 WRX is as good a deal as every generation before it. The looks of the new VB generation WRX are polarizing due to the exterior plastic body cladding shaping the wheel wells. Those who don't mind a bit of paintwork have already improved upon it by matching these black plastic pieces to the body color.

Performance Specifications

(Data was collected from Subaru)

Even though it misses some of the manic attitudes of the older generations, the matured 2024 Subaru WRX is still a phenomenal sports car. Adding additional comforts and practicality over something like the BRZ gives the WRX even more value. Combining the practicality with a 5.5 second 0-60 MPH time makes the WRX one of the best options on this list. For the price, getting a manual, turbocharged, all-wheel-drive sedan for under $40,000 is hard to beat.

2023 Volkswagen GTI

Price: $31,625

If you need even more practicality from your budget sports car, it is hard to beat the Volkswagen GTI. Known as the quintessential hot hatchback, the GTI satisfies the need for carrying passengers, fuel efficiency, and most importantly, speed. With a punchy turbocharged 2.0-liter engine and a choice between a seven-speed dual-clutch or six-speed manual transmission, the GTI still carries one of the best bang-for-the-buck practical driving experiences.

Performance Specifications

(Data was collected from Volkswagen)

At an entry-level position just above $31,000, the GTI rings in high on this list. Although some interior materials lack flair and the infotainment isn't quite up to par, it is hard to nitpick about other aspects of the historical hatch. Utilizing all 273 pound-feet of torque, the still somewhat boxy hatchback reels in a 0-60 MPH time of 5.8 seconds. For those who can spring a little more budget, there is an even beefier version of this beloved vehicle that we touch on later in this list.

2024 Acura Integra

Price: $32,995

When a company brings back an iconic name after a long hiatus, such as the Integra, it really needs to hit the nail on the head. Acura did just that with the 2024 Integra, paying direct homage to the legendary budget sports car from the 1990s. The base model will run you as low as $32,995 but has a fun-filled 1.5-liter turbocharged engine. You will need to pay a premium to engage in the higher horsepower and manually shifted Type S, but the base model still retains a fun driving spirit.

Performance Specifications

(Data was collected from Acura)

Even with the more dulling CVT, the 2024 Acura Integra is still an incredibly affordable and fast sports car. Sprinkling premium materials throughout the interior and giving the driver a fun, spirited feeling behind the wheel makes the Integra driver's seat a nice place to be. Sluggish compared to others in its class, the 7.1 second 0-60 MPH time is the price you pay for a quieter, more luxurious interior. All things considered, the 2024 Integra earns a healthy spot on this list.

2023 Volkswagen Jetta GLI

Price: $32,680

Rightfully earning its place on this list is the 2024 Volkswagen Jetta GLI. A sister car to the hatchback GTI, the sedan version still punches above its weight. For the asking price, you receive a six-speed manual as standard, with the option to grab the eight-speed DCT. A slightly less powerful version of the GTI engine, the GLI still makes use of a mountain of hard-hitting torque.

Performance Specifications

(Data was collected from Volkswagen)

Even lacking a bit of power, the 2024 Volkswagen GLI hits a brisk 6.1 second 0-60 MPH time. Keeping the theme of more premium cabin materials and updated technology, those at the wheel will not be disappointed. Combining all of this with strong brakes and a decent set of summer tires will have the GLI fighting any car on this list through the corners.

2023 Mazda 3 2.5 Turbo Hatchback

Price: $33,615

Punching above its weight to appear on this list is the 2023 Mazda 3 Turbo Hatchback. Equipped with a 2.5-liter turbocharged four-cylinder and a six-speed manual transmission, the Mazda 3 adds to the list of affordable yet practical sports cars. If you need even more grip, optional all-wheel-drive is available, but you can say goodbye to the manual transmission. Piloting the Mazda 3 brings a new meaning to affordable sports cars, as the cabin feels like those seen in the upper $40,000 price range.

Performance Specifications

(Data was collected from Mazda)

Competing with the likes of the Honda Civic and Volkswagen GTI, the Mazda 3 holds its own when it comes to performance. Pushing 310 pound-feet torque, the Mazda 3 sprints to a 5.6 second 0-60 MPH. Putting these features into a package that stays in the low $30,000 range makes the Mazda 3 deserving of a spot on this list.

2024 Hyundai Elantra N

Price: $34,850

A sedan that has made quite a name for itself in the last few years is refreshed for the 2024 season. The new 2024 Hyundai Elantra N keeps its barking powerplant, but is redesigned inside and out to align better with the sedan it comes from. The Elantra N puts itself in the realm of the Honda Civic Type R at a fraction of the cost.

Performance Specifications

(Data was collected from Hyundai)

Starting at $34,850, the price to performance balance puts the Elantra N high up on this list of affordable but fast sports cars. A 2.0-liter turbocharged four-cylinder gives the Elantra N ample power to hit 0-60 MPH in 4.8 seconds. Straight-line speed coupled with a nearly heroic cornering grip makes the 2024 Hyundai Elantra N tough to beat.

2024 Mazda MX-5 Miata Grand Touring

Price: $30,170

It wouldn't be a list of affordable yet fast sports cars without the beloved Mazda Miata. For the 2024 season, the Miata gets a few updates to the grille, lights, and wheel designs. All Miatas equipped with a manual transmission will have a new limited-slip differential.

Performance Specifications

(Data was collected from Mazda)

Breaking through the $30,000 price barrier, the 2024 Mazda Miata isn't as affordable as it once was, but the driving experience never changed. The lower power naturally aspirated setup lets you jam your foot to the floor and hug every corner. A 5.7 second 0-60 MPH time speaks to how light the Miata is to reach that figure with only 181 horsepower. With everything you get in the Mazda Miata, including the option to drop the top, it is easy to see why everyone claims it is the answer.

2023 BMW 230i Coupe

Price: $39,195

Most wouldn't believe a BMW without an M badge would hold its own against sports cars of the same price range. The 2023 BMW 230i is a stealthily fast sports car on a budget. A correctly sized kidney grille gives the 230i attractive features outside, and the attractiveness continues with a leather-trimmed interior.

Performance Specifications

(Data was collected from BMW)

Placed firmly on this list, the 2024 BMW 230i earns its spot with competitive power figures and a brisk 5.1 second 0-60 MPH time. The price point is just barely under $40,000, which keeps it in the realm of an affordable yet fast sports car. For that higher price point, there is a much nicer interior feel to make up for the space in the wallet.

2024 Chevrolet Camaro LT1

Price: $40,395

The 2024 Chevrolet Camaro is one of the few American sports cars on this list, but for a good reason. Equipped with a thundering V8, the Camaro brings tremendous low-end torque to the table. Keeping with the enthusiast spirit, you can get 455 horsepower and torque to run through a six-speed manual transmission.

Performance Specifications

(Data was collected from Chevrolet)

Aside from gobs of torque and low visibility out of the rearview, the interior quality has tremendously improved for the 2024 Chevrolet Camaro. An optional heads-up display and a few sprinkles of technology give the Camaro some sophistication. Practicality is nearly out the window, but the performance makes up for it, especially at a price point just above $40,000.

2024 Nissan Z

Price: $43,450

Bringing in the newest model of the iconic sports car, the 2024 Nissan Z showcases what happens when a brand listens to its customers. The new Z is turbocharged again, after a 20-year gap between lower-powered naturally aspirated engines. Offering a modern take on the historic Nissan Z shape, the 2024 Nissan Z is a direct evolution of the sporty and affordable 240Z.

Performance Specifications

(Data was collected from Nissan)

One of the quickest on this list, the 2024 Nissan Z is a lightning bolt with a 4.3 second 0-60 MPH time. Bumping up in price point a bit more, the Z moves into a power level rarely seen on this list by tickling the 400-horsepower figure. Although the interior pieces are recycled from the 370Z, the 2024 Z still makes the most of it by earning a spot on this list.

2024 Ford Mustang GT

Price: $43,555

The 2024 Ford Mustang GT is the quintessential American muscle car. Bringing a new look to the Mustang for the new year, the GT delivers on all fronts. Sharper lines, aggressive driving dynamics, and a roaring 5.0-liter V8 keeps the workhouse sports car fresh and exciting.

Performance Specifications

(Data was collected from Ford)

Available with a 10-speed automatic or six-speed manual, either option is extremely engaging for the driver. The steering feel is very direct, with comfortable yet supportive bucket seats to hold you in place. The price for a GT comes in at $43,555, giving enthusiasts an affordable powerhouse.

2024 Toyota Supra

Price: $47,535

Yet another iconic name in the world of sports cars, the 2024 Toyota Supra brings something new to the table. A turbocharged four-cylinder makes it even more accessible for enthusiasts. Thankfully, both the four-cylinder and six-cylinder can come with a manual transmission, something that wasn't offered for the first few years.

Performance Specifications

(Data was collected from Toyota)

Producing a stout 255 horsepower and accelerating to a 4.7 second 0-60 MPH time, the smaller engine Supra still performs well. Although it is getting up there in price, the Supra gives you a luxurious cabin feeling as it shares many components from the same year BMW Z4. A well-deserved spot on this list, the 2024 Toyota Supra provides something for everything enthusiast.

2023 Ford Mustang EcoBoost High Performance

Price: $29,145

Earning itself a spot on this list is the 2023 Ford Mustang EcoBoost. For good reason as well, as the EcoBoost produces loads of power for such a small price. 350 pound-feet of torque and 330 horsepower give the driver a lot to play with in a lightweight package.

Performance Specifications

(Data was collected from Ford)

Some enthusiasts may not have softened up to the idea of a turbo four-cylinder muscle car, but the Foxbody generation Mustang also used a similar engine setup. In the modern era, the EcoBoost makes use of its power to sprint towards a 5.0 second 0-60 MPH time. Providing this level of performance for under $30,000 makes it one of the best choices on this list.

2023 Dodge Charger Scat Pack

Price: $53,520

Feeling a need for a large displacement V8 in your sports car? The 2023 Dodge Charger Scat Pack has the recipe you need to satisfy that craving. 485 horsepower from a 6.4-liter V8 gives the Charger a rumble like no other, waiting to be unleashed.

Performance Specifications

(Data was collected from Dodge)

One of the quickest cars on this list, the high-powered Charger Scat Pack rockets to a 3.8 second 0-60 MPH time. Albeit heavy, the performance of the Charger is hard to beat, especially at a price of $53,000.

2023 Volkswagen Golf R

Price: $46,890

Remember when we mentioned the beefier version of the Volkswagen GTI? Proudly on this list is the 2023 Volkswagen Golf R. Making use of all-wheel-drive, a dual-clutch seven-speed automatic, and 315 horsepower gives the Golf R a very high spot in the ranking.

Performance Specifications

(Data was collected from Volkswagen)

Taking all the best elements of the GTI and improving on them, the Golf R brings even more fun to the table. A practical, winter-capable, highly tuneable vehicle with creature comforts gives the Golf R boatloads of value for an enthusiast. Offering this for under $50,000 seems like robbery, and makes it one of the best choices on the sports car market.

2023 Hyundai Kona N

Price: $36,285

When you take a standard hatchback from the lineup and give it to the great minds in the tuning department, you get the 2023 Hyundai Kona N. A mere $36,285 gives you a reliable, practical subcompact crossover that will carve up canyon roads on the weekends.

Performance Specifications

(Data was collected from Hyundai)

Competing with the likes of the Volkswagen GTI and Honda Civic Type-R, the Kona N holds its own with a sub 5 second 0-60 MPH time and enough torque to make quick work of a freeway merge. The tuning department over at Hyundai has invested a lot for enthusiasts wanting affordable yet fun options, hence why it is so high up on this list.

2023 Dodge Challenger Scat Pack

Price: $50,860

A brother to the Charger, the Challenger fits a styling niche that many enthusiasts seem to love. The 2023 Dodge Challenger Scat Pack utilizes the same underpinnings as the Charger, hence why it makes an appearance right next to it on this list. What makes the Challenger more enticing though is its cheaper base price.

Performance Specifications

(Data was collected from Dodge)

Another stout large displacement with earth-moving torque rockets the Challenger to a 4.2 second 0-60 MPH time. Slightly slower than the Charger, this could have varied due to its weight, or conditions when testing. However, a negligible drop in performance could be worth the savings.

2024 Chevrolet Camaro

Price: $27,795

A direct rival to the Ford Mustang, the 2024 Chevrolet Camaro seeks to fill a similar niche of cheaper entry-level muscle cars. Providing a turbocharged four-cylinder engine gives those on more of a budget a chance to experience the allure of a big name like the Camaro.

Performance Specifications

(Data was collected from Chevrolet)

It may have a bit less power than the rival EcoBoost Mustang, but the Camaro is still very quick given its beefier stature. A tuneable engine, manual transmission, and rear-wheel drive for sub $28,000 put it higher than most on this list.

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